Third Party Risk Manager

This is a fully remote position, open to applicants in United States, +4 more locations.

📋 Description

• Manage the daily operations of the third-party risk management program and assist in its enhancement.

• Conduct third-party risk evaluations and assign risk ratings to third parties.

• Identify and monitor issues until they are resolved.

• Assess and provide feedback on first-line due diligence and continuous monitoring efforts.

• Assist with reporting, approvals, and oversight of first-line activities.

• Maintain third-party risk reporting and metrics for management and governance meetings.

• Ensure the accuracy of underlying risk data.

• Aid in the implementation of tools and automation to enhance process efficiency.

• Support revisions to TPRM policies, due diligence, risk assessment procedures, and lifecycle risk management.

• Collaborate with experts in Compliance, Information Security, Privacy, and Procurement.

• Report to the Senior Manager of Third Party Risk Management.

⛳️ Requirements

• A minimum of 4 years of experience in third-party risk management, including at least 2 years in a regulated financial services setting (such as banking or fintech collaborating with banking partners).

• Familiarity with regulatory guidelines regarding third-party risk, including the Interagency Guidance on Third Party Relationships and expectations from FFIEC, OCC, and FDIC.

• Understanding of TPRM industry standards throughout the third-party lifecycle: planning, due diligence, contracting, monitoring, and termination.

• Practical experience in conducting third-party risk assessments across various risk domains, not limited to security.

• Background in reviewing and challenging first-line risk assessments with evidence-based feedback.

• Experience in supporting audits or examinations of a TPRM program.

• Proven ability to establish or maintain TPRM reporting and metrics, with a focus on data precision.

• Strong program and project management capabilities.

• Experience in supporting cross-functional initiatives and driving process improvements through effective implementation.

• Capability to influence Procurement, Finance, InfoSec, Legal, and Privacy partners without direct authority.

• Excellent communication skills, with the ability to articulate and defend a risk position in the face of opposition.

🏝️ Benefits

• Equity (stock options/RSUs)

• Comprehensive benefits package

• Reasonable accommodations provided during the recruitment process for applicants with disabilities or special needs